Euro

Euro-denominated FX reserves rise again

After several quarters of declining central bank holdings in euro, recent data from the IMF suggests reserve managers have started to increase holdings in the currency again, albeit by a very small amount, says Thomas Stolper

Faith in euro recovery lands BAML on top

Bank of America Merrill Lynch forecast a long-term euro rally in mid-2012, putting it at the top of the 12-month rankings, but the bank expects the euro to weaken in the months ahead

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